· Contractual enrolment – including clarification around the use of salary sacrifice and flexible benefits arrangements, as a result of feedback · Updated staging information · Full appendices referencing the changes that have been made to each guide. In addition to changes resulting from the Pensions Act 2011 and the publication of regulations by Government, the updated detailed guidance includes additional information identified as a result of interactions with large employers and their advisers. In particular there have been changes to the ‘Assessing the workforce’ guidance which now forms a subset of 4 documents detailing the assessment process, including the application of the postponement provision. To view the updated guidance, please visit TPR’s website . SOFTWARE PROVIDERS – UPDATED TECHNICAL GUIDANCE ON AUTOMATIC ENROLMENT 22 February 2012 The Pensions Regulator has published an updated version of its detailed technical guide to automatic enrolment requirements for business software providers. This latest version of the Software Guide (version 3) reflects recent amendments to existing workplace pensions reform law under the Pensions Act 2008 plus new legislation that was introduced by the Pensions Act 2011. The guide now includes new content including 3 new data items as follows: · Revised earnings thresholds - the illustrative thresholds for qualifying earnings for automatic enrolment have also been included to reflect those proposed by the Department of Work and Pensions' in their recent consultation document. · Postponement - clarification of the rules around the use of postponement periods · A new data item for workers who become eligible jobholders after previously being postponed · A new data item for workers when they first becomes a non-eligible jobholder · A new data item recording the date when employment ceases A full appendix referencing the changes that have been made to the Software Guide . In addition to changes resulting from the Pensions Act 2011 and the publication of regulations by Government, the updated detailed guide includes changes identified as a result of ongoing interactions with business software providers.
AUTOMATIC ENROLMENT AND EUROPEAN EMPLOYERS CONSULTATION
22 February 2012 The government have published a consultation which seeks views on proposals to exempt employers who employ individuals who work both in the UK and in other member states from automatically enrolling individuals.
CIPP Policy News Journal
09/10/2012, Page 155 of 234
Made with FlippingBook - Online magazine maker